Compensation Administration MCQs

Welcome to our comprehensive collection of Multiple Choice Questions (MCQs) on Compensation Administration, a fundamental topic in the field of Human Resource Management. Whether you're preparing for competitive exams, honing your problem-solving skills, or simply looking to enhance your abilities in this field, our Compensation Administration MCQs are designed to help you grasp the core concepts and excel in solving problems.

In this section, you'll find a wide range of Compensation Administration mcq questions that explore various aspects of Compensation Administration problems. Each MCQ is crafted to challenge your understanding of Compensation Administration principles, enabling you to refine your problem-solving techniques. Whether you're a student aiming to ace Human Resource Management tests, a job seeker preparing for interviews, or someone simply interested in sharpening their skills, our Compensation Administration MCQs are your pathway to success in mastering this essential Human Resource Management topic.

Note: Each of the following question comes with multiple answer choices. Select the most appropriate option and test your understanding of Compensation Administration. You can click on an option to test your knowledge before viewing the solution for a MCQ. Happy learning!

So, are you ready to put your Compensation Administration knowledge to the test? Let's get started with our carefully curated MCQs!

Compensation Administration MCQs | Page 7 of 22

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Q61.
The first step in 'Job ranking' evaluation method is to
Discuss
Answer: (a).obtain job information
Q62.
The increments based on performance is a basis of
Discuss
Answer: (a).direct financial payments
Q63.
The compensation for top executive job is largely based on
Discuss
Answer: (d).all of above
Q64.
The person's fixed pay and guaranteed bonus is included in
Discuss
Answer: (a).base pay
Q65.
In which incentive the executives are given right to purchase stocks for specific period?
Discuss
Answer: (a).long-term incentives
Q66.
An 'Equity theory of Motivation' does not include
Discuss
Answer: (c).collective equity
Q67.
The ranking of job, based on difficulty is
Discuss
Answer: (d).ranking method
Discuss
Answer: (a).intuitive approaches
Q69.
The work experience and field of study are included in
Discuss
Answer: (b).human capital
Q70.
After ensuring external and internal equity, the next step in establishing pay rates is
Discuss
Answer: (a).group similar jobs